Prepared for Tomorrow

Loan applications can come in peaks and valleys. When spikes occur GoDocs reduces the time it takes to prepare, review, and finalize closing documents, so you can take advantage of loan volume peaks.

How do you manage spikes in loan volume?

When spikes occur, this is a great opportunity for commercial lenders to increase revenues. If generating the necessary closing documents isn’t efficient, commercial lenders can become overwhelmed by these peaks.

Manual processes, reliance on external attorneys, and inefficient workflows can create bottlenecks, causing delays, increasing costs, and ultimately leading to missed business opportunities.

reduce legal costs by 70%

Automated document generation can reduce legal costs by 70% and cut loan processing times by 30–50%.

(Source: McKinsey & Company)

Inefficient Legal Workflows

Manual processes, reliance on external attorneys, and inefficient workflows can create bottlenecks, causing delays, increasing costs, and ultimately leading to missed business opportunities.

40% repeat business

On average, complex commercial loans take 45–90 days to close, with document errors contributing to significant delays.

(Source: McKinsey & Company)

$1500-$5000

Each day a commercial loan closing is delayed can cost a lender between $1,500 and $5,000 in lost interest revenue.

(Source: National Association of Commercial Lenders)

Commercial Lenders

Automated document generation can reduce legal costs by 70% and cut loan processing times by 30–50%.

45-90 Days

On average, complex commercial loans take 45–90 days to close, with document errors contributing to significant delays.

(Source: MBA Commercial/Multifamily Market Data)

60% of Lenders

Large banks spend an estimated
$1 billion+ annually on regulatory compliance, with commercial lending departments bearing a significant portion of this cost.

(Source: American Bankers Association)

GoDocs Prepares Commercial
Lenders for Loan Volume Peaks

With GoDocs, lenders reduce the time it takes to prepare, review, and finalize closing documents.

This speed ensures lenders stay competitive, meet borrower expectations, and maximize their operational efficiency.

By automating document generation and ensuring compliance, GoDocs enables lenders to efficiently manage unpredictable peaks in the commercial loan market, so borrowers don’t experience delays.

This speed is not possible if they are using expensive outside attorneys, making GoDocs a more cost-effective option.

“GoDocs transformed our operations. Their customization, compliance, and speed allow us to scale our business and focus on our portfolio. They are the perfect partner for our continued growth.”